Detroit Symphony Orchestra balances budget for first time since 2007

Music director of the Detroit Symphony Orchestra Leonard Slatkin gestures during a rehearsal in this 2010 file photo.AP File Photo

DETROIT, MI -- The books are balanced for the first time since 2007 at the Detroit Symphony Orchestra, the organization announced Thursday.

After an annual meeting of governing members, the DSO announced that it has doubled its donor base since 2011, raising $18.9 million in donations for the 2012-13 season.

“The DSO is yet another example of Detroit’s renaissance. Our people, place and purpose add to the cultural cornerstone of our beloved city,” Chairman Phillip Fisher said in a statement. “We are blessed with world class musicians, professionals, volunteers and donors that drive our vision of making the DSO the most accessible orchestra on the planet.”

The orchestra performs at the Max M. Fisher Music Center in Midtown. It's musicians went on strike three years ago before coming to terms with the organization after six months in 2011.

"The DSO is, and will continue to be, a key player in what makes Detroit a great place to live and to visit," said Detroit Mayor-elect Mike Duggan, who spoke at the annual meeting.